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Union Finance Minister Nirmala Sitharaman announced a 35.4 percent increase in the outlay for capital expenditure in Financial Year 2022-23 in her Union Budget 2022 speech on February 2, 2022. The capital expenditure for 2022-23 is budgeted at Rs.750,246 crore as against Rs.554,236 crore budgeted in 2021-22.
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